Notice to preference shareholders - dividend no. 133

AECI LIMITED
Incorporated in the Republic of South Africa
(Registration No. 1924/002590/06)
Share code:  AFEP     ISIN No. ZAE000000238

NOTICE IS HEREBY GIVEN that on Monday, 15 November 2004 the directors of AECI Limited declared a dividend at the rate of 5.5 per cent per annum for the six months ending Wednesday, 15 December 2004 payable on Wednesday, 15 December 2004 to holders of preference shares recorded in the books of the Company at the close of business on Friday, 10 December 2004.

The last day to trade cum dividend will be Friday, 3 December 2004, and shares will commence trading ex dividend as from Monday, 6 December 2004.

The dividend is declared in pound sterling and payment will be made from the offices of the transfer secretaries in South Africa and the United Kingdom on Wednesday, 15 December 2004.

Dividends payable from South Africa will be paid in South African currency at the rate of 30.976 cents per share in accordance with the exchange rate ruling on Monday, 15 November 2004 (1 pound sterling = R11.264).

Dividends payable from the United Kingdom office will be subject to such tax deductions as are prescribed by United Kingdom legislation unless a certificate exempting the shareholder concerned from such tax deduction is received before Friday, 3 December 2004.

Any change of address or dividend instruction must be received before Friday, 3 December 2004.

Share certificates may not be dematerialised or rematerialised from Monday, 6 December 2004 to Friday, 10 December 2004, both days inclusive.

By order of the Board
MJF Potgieter
Secretary

Woodmead, Sandton
16 November 2004

Transfer secretaries
Computershare Investor Services 2004 (Pty) Limited
70 Marshall Street, Johannesburg, 2001
and
Computershare Investor Services plc
PO Box 82, The Pavilions, Bridgwater Road
Bristol BS 99 7NH, England

Sponsor
Cazenove

Date: 15/11/2004 02:25:25 PM Produced by the JSE SENS Department